Analyzing Oil, Financials, & Earnings Game

BIDU announces earnings after market close.
300 Strike Price PUT seemed an attractive move in anticipation of the stock going down after the announcements.
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OXY : Along the same lines OXY will announc earnings on July 24 & therefore the following seemed a good position for analysis.

Sell August 85 Strike, credit = 1.04
Buy November 75 Call, Debit = 9.04
Net Debit = 8.00

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FNM : 1) Calendar Calls. Sell Dec 13 Call & Buy March 09 Calls for 0.55 debit.

2) Bull PUT Spread: Sell August 7 & Buy 5 for 0.20 for a $2 spread.
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DUG : This trades inverse for the Oil. If Oil goes down, this goes up.
Analyze Buying Oct 30 Call & Selling August 37 Call for $1.32 debit
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XLE : Analyze Buying September 79 Put & Selling August 75 Put for $3.29 Debit

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IWM & RUT : These have been going up, however, there seem to be less reasons to
sustain this uptrend after earnings announcements expire.

Analyze IWM Buying September 70 PUT & Selling 67 PUT for $1.20 debit.

There are other similar PUT combinations that can also be analyzed.

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